By Yolanda Marshall, growth manager at FNB Cash Investments Statistics South Africa data shows that the country’s household savings rate has remained under pressure, slipping to around -1.2% of disposable income. For young South Africans, the outlook appears even more constrained, with youth unemployment among 15- to 24-year-olds standing at 60.9% in the first quarter…
KOPANO MONAHENGMany people in South Africa and around the world are struggling with gambling-related challenges. Every day, regardless of the weather, hundreds of people visit gambling outlets or place bets online in the hope of winning money. For some, gambling has become a way of life. For others, it has brought financial hardship and disappointment.Dikeledi…
STANDARD Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank overall in the Middle East and Africa (MEA) in the inaugural Evident AI Index for Banks, published by Evident Insights. The Group was also named the most innovative bank in AI across the Middle East and…
AS South African households face intensified financial pressure, FNB is reshaping how customers engage with their money through the launch of My Advisor on the FNB App, a digital capability designed to help customers better understand and manage their finances through accessible and practical tools. In a challenging economic environment, where financial security and certainty…
AS AFRICA’S energy transition gathers pace, unlocking grid capacity, accelerating infrastructure financing and crowding in private capital will be critical to ensuring the continent’s energy ambitions translate into meaningful economic growth, energy resilience and industrial development. Collaboration between the public and private sectors will remain central to accelerating energy infrastructure development across the continent, particularly…
Few commitments are as enduring as a mortgage bond, which for most South Africans is 20 years. So the day a homeowner makes their final bond payment is a moment of profound relief and pride. So now the property is finally yours, but rather than view it as a box that has (finally!) been ticked for…
Fuel hits an all-time high of R26.60 per litre — extra rewards help ease the pressure at the pump As fuel prices continue to climb, South African households are grappling with the mounting pressure that cuts across their daily lives. Transport costs are consuming an ever‑greater share of already stretched budgets, leaving families with difficult…
For many South Africans, financial resilience is not a concept, it’s a daily practice. It shows up in small trade-offs, side hustles, and community-based saving. It’s reflected not only in economic data, but also in the country’s cultural and creative expression, from aspirational ideas of “boss moves” in pop culture and local music, to today’s…
By Sam Dahya, Head of Investor Services, Custody and Investment Administration, Standard Bank CIB The global move from a fluid trade settlement timeline (Time trade execution to settlement T+3) to a tighter timeline (T+1), is reshaping how markets think about post-trade risk, capital efficiency and competitiveness. A growing share of global activity is now operating…
FNB key transition within its Commercial Property Finance division. Siphamandla Mkhwanazi has assumed responsibility for the Commercial Property Finance research and economics portfolio, taking over from John Loos, who has officially retired from the bank. Mkhwanazi will now lead the delivery of economic insights, property market analysis, and thought leadership supporting FNB’s Commercial Property Finance…
